Introduction to Transactional Law Transactional law refers to the practice area that pertains to the preparation and implementation of a wide range of contracts across many different types of industries. These contracts include any kind of legally enforceable agreement or exchange between at least two entities. The transactions covered under...

What is a Rental Lease Agreement? Rental lease agreements serve as the legal contract between a landlord and his tenant. It permits the landlord to rent his property to the tenant for a specific period of time. The rental lease agreement is very important because it gives the landlord legal...

What is a legal separation in Michigan? Legal separation in Michigan is a little-known yet vital aspect of the state’s divorce laws. The most common alternative to a legal separation in Michigan is a simple divorce. However, many people do not realize that for some, a legal separation is a...

Drug Side Effects Explained Although drug companies are required to report and depict all possible side effects associated with their products, they often do not do so clearly or comprehensively. Even where they directly inform patients of a product’s possible side effects, there is a tendency in the industry to...

Last Chance Agreement Definition What is a Last Chance Agreement?When an employee makes the mistake of violating a policy, a Last Chance Agreement ("LCA") can be an opportunity for the employee to redeem themselves. LCAs are legally binding documents that set the guidelines for reinstating an employee and outline the...